Royal Fund Management LLC Has $1.80 Million Stock Position in Invesco Global ex-US High Yield Corporate Bond ETF $PGHY

Royal Fund Management LLC cut its holdings in shares of Invesco Global ex-US High Yield Corporate Bond ETF (NYSEARCA:PGHY) by 62.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 89,894 shares of the company’s stock after selling 151,497 shares during the quarter. Royal Fund Management LLC’s holdings in Invesco Global ex-US High Yield Corporate Bond ETF were worth $1,796,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF in the third quarter worth approximately $27,000. JPMorgan Chase & Co. increased its stake in Invesco Global ex-US High Yield Corporate Bond ETF by 421.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,618 shares of the company’s stock valued at $92,000 after buying an additional 3,732 shares during the period. CWM LLC lifted its position in Invesco Global ex-US High Yield Corporate Bond ETF by 11.3% in the 2nd quarter. CWM LLC now owns 6,166 shares of the company’s stock worth $123,000 after buying an additional 626 shares in the last quarter. Endowment Wealth Management Inc. acquired a new stake in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the 2nd quarter valued at $214,000. Finally, Focus Partners Wealth purchased a new position in shares of Invesco Global ex-US High Yield Corporate Bond ETF during the 1st quarter valued at $258,000.

Invesco Global ex-US High Yield Corporate Bond ETF Stock Up 0.2%

NYSEARCA PGHY opened at $20.02 on Monday. Invesco Global ex-US High Yield Corporate Bond ETF has a 1-year low of $18.75 and a 1-year high of $20.40. The firm’s fifty day simple moving average is $19.94 and its 200-day simple moving average is $19.96.

Invesco Global ex-US High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be paid a dividend of $0.1181 per share. The ex-dividend date of this dividend is Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%.

Invesco Global ex-US High Yield Corporate Bond ETF Profile

The Invesco Global Short Term High Yield Bond ETF (PGHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an equal-weighted index of short-term USD-denominated, high-yield corporate bonds issues by US and foreign corporations. PGHY was launched on Jun 20, 2013 and is managed by Invesco.